Minimum Deposit

$200 ?

Logo of OptionTrade

OptionTrade REVIEW

Binary Options Brokers

USER SATISFACTION 100% ?
OUR SCORE 8.4 ?

Trading Platform OptionTrade

OptionTrade offers traders their OT Trader, which is modeled after another successful trading broker called HotForex. OT Trader is a sophisticated binary trading platform built based on the experiences of the platform provider.

You can trade with ease using OptionTrade’s cutting-edge OT Trader platform. Traders can trade in more than 200 assets in 20 markets. You can manage multiple accounts in the myOptionTrade client area as well as trade on-the-go from any device. Minimum trade amount starts at $5.

The trading platform offers sophisticated trading tools and fast execution of trades. The platform is Web-based, therefore there is no need for downloads. It offers a user-friendly interface and is easy to use. The platform is integrated with all leading payment methods.

OT Trader comes with a string of notable features such as the history graph, a function that lets users assess an asset’s most recent movement. Standing out though is the “myOptionTrade” client area. This tool gives traders total control over all trading operations using just one login.

OptionTrade offers multilingual support 24/5. You can learn about binary options in the Education Center on the broker’s website and practice with a demo Account. OptionTrade offers free video tutorials and video on demand for Premium and VIP clients.

Traders can make use of fast, secure, and convenient payment methods. There are no commissions and fees, and the withdrawal process is fast and easy without limitation. You can fund your account in USD, EUR, and GBP.

Pros

  • 24/5 expert customer support
  • Advanced OT Trader platform
  • Demo account
  • High bonuses
  • Large range of assets
  • myOptionTrade account management system
  • No limits for withdrawals
  • Regulated by CySEC

Cons

  • Educational section seems basic
  • Asset prices are not displayed on the Splash page like most other binary brokers’ websites


Platform type:
OT Trader
Platform Languages:
English, Spanish, German, French, Russian, Chinese, Italian, Arabic, Swedish
OS Compatibility:
Mac OS, Windows
Streaming News Feed:
Yes
Email Alerts:
No
Mobile Alerts:
No

Company information OptionTrade

Located in:
Cyprus
Website:
https://www.optiontrade.com/
Founded in:
2000
Accepts US Clients:
No
Phone number:
+357-24-020054
Email:
support@optiontrade.com

Account Options OptionTrade

Commission:
Minimum Deposit:
$200
Payouts Percentage:
88%
Deposit Options:
Webmoney, Credit Card, Bank Wire Transfer, Neteller
Withdrawal Options:
Webmoney, Credit Card, Bank Wire Transfer, Neteller
Payout Ratios:
Payout ratios offered by OptionTrade are available for up to 88%.

Available Assets OptionTrade

Forex, Metals, Oil, Gold, Indices, Stocks, Commodities

What Support Does This Vendor Offer?

  • EMAIL
  • PHONE NO.
  • LIVE SUPPORT
  • TRAINING

Customer Support Languages:
English, Spanish, German, French, Russian, Chinese, Italian, Arabic
Customer Service Hours:
OptionTrade provides 24-hour customer support.
Place Trades Over the Phone?:
No

OptionTrade Trade types

Trading choices at OptionTrade include the usual trading types such as:

  • 60 Seconds
  • Classic Binary Option
  • Long Term
  • One Touch
  • Pairs

OptionTrade Trading accounts

OptionTrade offers three types of trading accounts:

Standard Account – Minimum deposit of $200

  • Cash match bonus
  • Payout up to 83%     
  • Free demo account   
  • 80+ assets
  • Convenient account funding options  
  • Quick and easy withdrawals   
  • User-friendly interface
  • Trading instruments: Forex, Indices, Commodities, Share CFDs
  • Multiple accounts, one login  
  • 24/5 multilingual support        
  • Mobile trading
  • Client protection insurance     
  • Real-time statistical reports    
  • Binary options educational resources

Premium  Account – Minimum deposit of $1000

  • Cash match bonus
  • Payout up to 85%     
  • Free demo account   
  • 120+ assets
  • Convenient account funding options  
  • Quick and easy withdrawals   
  • User-friendly interface
  • Trading instruments: Forex, Indices, Commodities, Share CFDs
  • Multiple accounts, one login  
  • 24/5 multilingual support        
  • Mobile trading
  • Client protection insurance     
  • Real-time statistical reports    
  • Binary options educational resources

VIP Account – Minimum deposit of $5000

  • Personal account manager
  • Cash match bonus
  • Payout up to 88%     
  • Free demo account   
  • 180+ assets
  • Convenient account funding options  
  • Quick and easy withdrawals   
  • User-friendly interface
  • Trading instruments: Forex, Indices, Commodities, Share CFDs
  • Multiple accounts, one login  
  • 24/5 multilingual support        
  • Mobile trading
  • Client protection insurance     
  • Real-time statistical reports    
  • Binary options educational resources

OptionTrade Position In Our Categories

Position of OptionTrade in our main categories:

10

OptionTrade is one of the top 10 Binary Options Brokers products


It is crucial to keep in mind that virtually no service in the Binary Options Brokers category will be a perfect solution that can fulfill all the needs of different investors. It may be a good idea to read a few OptionTrade reviews first as specific solutions can actually perform well exclusively in a specific geography or situation or be created with a very specific customer in mind. Others can function with an idea of being easy and intuitive and as a result lack complex functions desired by more experienced users. You can also find services that support a large group of users and give you a rich feature set, but that frequently comes at a more expensive cost of such a service. Be certain that you're aware of your requirements so that you select a service that has exactly the elements you search for.

User Satisfaction

We realize that when you make a decision to buy Binary Options Brokers it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and OptionTrade reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with OptionTrade. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

POSITIVE SOCIAL MENTIONS

0

NEGATIVE SOCIAL MENTIONS

0

What Bonus Does OptionTrade Offer?

No Deposit Bonus:
No
Bonus for First Deposit:
No
Is the Bonus Based on
the Volume of the Transaction?:

No
Other Bonuses:
No

OptionTrade offers a 100% cash match bonus to give traders a head-start. Here are the conditions:
- Volume requirement: The value of the initial deposit, plus the cash match bonus must be traded 20 times before the bonus becomes yours to trade or withdraw.
- The amount of the cash match bonus is up to 100% of your first deposit up to a maximum value of $500/ €500/1500 PLN.

Reliability of OptionTrade?

OptionTrade is fully regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license number 183/12. On top of that, OptionTrade transacts only with reputable top-tier financial institutions and banks. Funds are also deposited in segregated bank accounts so as to keep them separated from company’s funds. Lastly, each OptionTrade user can access the Investor Compensation Fund which seeks to compensate eligible traders up to 20,000 euros in the event the company becomes insolvent.

User reviews


No review

0
0
0
0
0

Average Rating

Write your own review of this product

Add a review

Rate this Software

click on star to change rating

Write a Review

A good review is:

Both detailed and specific

Consider writing about:

  • Pros & Cons
  • Share your experience with the product and vendor

Thank you for submitting your review!

In order to ensure high-quality of our reviews we'll have to verify your email address. Please insert your email address below.

Thank you!

A verification email has been sent to the address you provided. Please click on the link in that email to finalize your review submission.

Page last modified